Talk of The Villages Florida - View Single Post - How much is the homestead exemption worth?
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Old 06-08-2025, 08:23 AM
ElDiabloJoe ElDiabloJoe is offline
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I am the O.P. (Originating Poster for RailRoadNewJerseyGuy who doesn't like acronyms). I appreciate all the responses. My original post did not inquire about Save Our Homes because I was unaware of it. I appreciate the responses.

We have homes in two states, and trying to figure out how to maximize savings. Both states have zero state income tax. Tennessee has very cheap auto registration (under $75 regardless of age of vehicle). Auto insurance used to be cheap, has gone up like everywhere else in America. Tennessee has NO homestead exemptions. Tennessee's sales tax is around 9.25%.

Not sure if we should be citizens of one state or the other, or try to figure out if there is a way to split citizenship: where one spouse lives in one state 6 months and a few days, and the other spouse does the same in another state. We can stand to be apart for a week or two annually to make it work. Being citizens in separate states may preclude us from filing Federally as joint.

Maybe should be another thread?

Thank you.
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